Cal-Bay International Inc (CBYI)

[rjbluesky]

What does a $.24 EPS imply with over 20 o/s for the last quarter filed? Looks like a profitable situation to me.

We expect the latest quarter soon to be filed report to show an o/s approximately 3 x the last quarter. That gives an approximate $.08 per share EPS based on the last quarter filed. A nominal PE of 10 gives $.80 per share in today's terms. If the company is doing $.50 per share in equity value as approximately suggested by the CEO in the latest PR, I'll use 2 x that for $1.00 per share as an asset valued company. Take your pick on how to value CBAY. I'll take the asset play since that's what CBAY does. Builds assets and equity value.